09MAY2018 - NEWS - Multi Commodity Exchange (MCX) of India will launch country's first crude oil options contracts on May 15

Multi Commodity Exchange (MCX) is going to launch country's first crude oil options contract during next week on May 15. This option contract will provide tool to hedge the risk to the market participants. The Securities and Exchange Board of India (SEBI) has approved this contrats during last week. Multi Commodity Exchange (MCX) is a independent commodity exchange which is headquartered at Mumbai, India.